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3 pts Assume Evco, Inc. has a current stock price (Pc) of $46.47 and will pay a $1.95 dividend in one year (De); its equity

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3 pts Assume Evco, Inc. has a current stock price (Pc) of $46.47 and will pay a $1.95 dividend in one year (De); its equity cost of capital (r) is 11%. What price must you expect Evco stock to sell in one year (P.) immediately after the firm pays the dividend for the year? $17.72 $51.58 $21.47 $23.58 $49.63 revious N MacBook Air

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